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Document Updates: New Texas Correspondence Disclosure (Cx28042)
Dec 20, 2024
On November 23, 2024, Texas Department of Savings and Mortgage Lending adopted various new rules. See blog posts here and here. One of the new ...
Topics: Compliance Resources
Global Data Integrity Check and Document Updates: Puerto Rico
Dec 19, 2024
ConformX supports the Puerto Rico Uniform Instruments posted by FNMA/FHLMC. Several updates have been made to these documents.
Topics: Document Updates
Document Updates: Cx2797 CA Consumer Caution and Home Ownership Counseling Notice
Dec 17, 2024
Our California Consumer Caution and Home Ownership Counseling Notice (Cx2797) is given pursuant to Cal. Fin. Code §4973(k) which requires a “Consumer ...
Topics: Document Updates
Font Size Change For Various Texas Disclosures
Dec 17, 2024
Texas has updated its document requirements for various disclosures to require at least 12 point font starting January 1, 2025. See 7 TAC § 55.3, 7 ...
Topics: Document Updates
Global Mapping Updates: State Funding Type (Field 23043) for Utah
Dec 17, 2024
Global standard value field mappings are used within ConformX to set State Funding Type (FI 23043) as either a “Wet” or “Dry” funding state. ...
Topics: Document Updates
Document Updates: E-Sign on Borrower Initials added to Cx5100 NY Pre-Application Disclosure for Licensed Bankers, Cx3710 Prevailing Interest Rate Commitment, Cx3588 NY Interest Rate Lock Commitment, a
Dec 11, 2024
To improve functionality of the e-sign process, we have added the option to make the borrower initials fields compatible with e-sign on Cx5100 NY ...
Topics: Document Updates
Global Mapping Updates: Fields “Loan Amount Less Than or Equal to Reg Z Threshold Amount” (81938) and “Higher-Risk HPML” (67269) for 2025
Dec 9, 2024
As in previous years, the Consumer Financial Protection Bureau (“CFPB”) has updated a couple of the dollar amounts specified in various parts of ...
Topics: Document Updates
Document updates: Cx19609 TX Homestead Affidavit
Dec 3, 2024
Tex. Prop. Code Ann. § 41.0021 allows the homestead exemption for certain types of trusts, namely inter vivos revocable trusts. The statute grants ...
Topics: Document Updates
Document Updates: Field Change to FHA Conditional Commitment HUD 92800.5B (Cx4733)
Dec 2, 2024
Form HUD-92800.5B is provided pursuant to 24 CFR § 203.5(a) and FHA Single Family Handbook 4000.1 Pt. II, A.1.a.i(E)(2), A.3.c, A.4.e.i(B), ...
Topics: Document Updates
The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.
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